The firm hopes the energy transition vehicle will reach a final close in the next 12-18 months, with a first deal due this year.
Blue Earth is investing $210m of mandate capital alongside its second PG Impact Investments fund – which has closed on $150m – into debt and equity impact fund managers in emerging markets.
The Japanese bank plans to commit up to $120m from its impact strategy.
'Everything starts in a high-income country,' says head of impact investing Jonathan Dean.
ICG Infrastructure Equity 1 is pursuing what the manager calls 'a green generalist strategy aligned to UN Sustainable Development Goals'.
‘We’re able to get the word out,’ says Regeneration.VC – which has raised $45m for its debut circular economy fund from a raft of public figures and family offices.
The Clean Growth Fund has closed at £101m with investments from the Merseyside, South Yorkshire and Strathclyde pension funds.
Temasek subsidiary Azalea has launched an ESG fund of funds to back ‘managers committed to investing purposefully to create lasting positive environmental and social impact’.
The update on the 'impact-driven' EQT Future fund came in the firm's annual sustainability report.
Itochu and Tokyo Century join the Japan Bank for International Cooperation as investors in Hy24 Partners, a joint venture between Ardian and FiveT Hydrogen.